50% retracement of the fall from 6.23 to 5.31 is 5.77 the high on thursday was 5.80 good enough. 6 days down and 4 days up with 1 inside day after the low so approx 6 down 3 up again 50% in time. I am short again with stops at 5.90 1 cent above the close of the day preceding the gap.. imo it will continue down but at a slower speed then the initial fall and with a few swings - not in 1 hit.maybe 3 - 4 weeks down - just my opinion.
News: QAN UPDATE 3-Air New Zealand flags weaker earnings as tourism market growth eases, page-16
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Last
$7.42 |
Change
-0.060(0.80%) |
Mkt cap ! $11.60B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.45 | $7.36 | $37.23M | 5.025M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1985 | $7.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.43 | 7279 | 6 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |